An Arbitrary "Living Wage" Is Not An Answer For Inflation
1 year ago
278
An Arbitrary "Living Wage" Is Not An Answer For Inflation
https://www.youtube.com/watch?v=p2T9vZXQPAg
Feb 17, 2023
Government spending money that it doesn't have, that the Federal Reserve counterfeits, causes prices to soar. While dollars lose their value, the idea of an arbitrary and undefinable "living wage," can seem attractive. After all, who doesn't want "free" money? But government spending even more money that it doesn't have, that the Fed counterfeits, would only drive up prices even further. The government's 'solution' to the problem the government created, would only create bigger problems!
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